LCD TVs, Smartphones and Tablets to Enjoy Dynamic Growth, Expects Euromonitor International15 Oct 2012 • by Natalie Aster
LCD TVs, smartphones and tablets are expected to continue to enjoy dynamic growth in the forecast period despite global sales of consumer electronics remaining stagnant, due to economic uncertainty, in particular in Western Europe.
Laptops remain the productivity tool of choice for businesses, with improvements in terms of cost, battery life and weight leading to greater rivalry with the increasingly popular tablets.
Mobile telecommunications providers in many emerging markets have experienced difficulties generating profits, despite rapidly growing subscriber bases. This is likely to change with the proliferation of smartphones and through the services-driven revenues.
According to the report “Consumer Electronics Global Trends and Analysis” by Euromonitor International, sales of in-car entertainment are expected to grow in emerging markets while declining in developed ones. Growing differences in the composition of the automotive markets in terms of pre-installed features is behind this divergence.
Consumer Electronics Global Trends and Analysis
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As the digital switchover in much of the world is close to completion, the demand for LCD TVs has been shifting to that as a smaller secondary TVs in the home. Therefore, there is unlikely to be significant further global volume growth after 2012.
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